Staffing Company Investment Opportunity in Bangalore, India

Bangalore based IT services & IT staffing business, expanding to USA and UK.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 80 thousand
EBITDA Margin
15 %
Industries
Staffing + 1 more
Locations
Local Time
3:51 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 66 thousand for 25.0% stake (Native Currency: INR 5,000,000)
Reason: - Over the next 6 months the funds are expected to be infused for Expansion of Sales and Recruitment... View More
Includes physical assets worth USD 5.3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are new age technology services and staffing company started operations on Oct 2018.

- March 2019 Ending revenue – 1.04 Crores.

- We outsource or use contractors to deliver IT projects and we do IT Contract Staffing for our clients IBM, Wipro and Happiest Minds to name a few.

- We are also developing a eGovernance product, we will retain 50% of the IP rights and the application built can be sold to other Government clients.

- Product is expected to complete in next quarter and we have already different government clients who are interested to use our product expect revenues coming in from January 2020,

- Promoter has a strong background with over 15 years of management experience in the IT Services and Staffing.

- Promoter was previously employed as a CEO of a mid-size It Services firm where he grew revenues by 95% in one year and prior to that was a BU Head at an MNC heading operation across India and EMEA for a business line generating revenues of over INR 150 crores each year.

- We have recently acquired a newly established IT company in USA and have identified a working partner for UK.

- Intend to incorporate a subsidiary firm in the UK and expand operations into these 2 countries by hiring a sales team.

Products & Services Overview

IT Services including Enterprise and Custom Application Development Services, Technical Contract Staffing (IT), eGovernance Product (Under Development).

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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